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New federal infrastructure program requires provinces to endorse fourplexes

Prime Minister Justin Trudeau announced a new $6 billion fund to build water and wastewater infrastructure across the country, but premiers must endorse four units as-of-right if they want a piece of the pie.

Published Apr 2, 2024 at 4:24pm

Davis Legree
By
Davis Legree
New federal infrastructure program requires provinces to endorse fourplexes
Prime Minister Justin Trudeau address his national caucus during a winter caucus retreat on Parliament Hill in Ottawa on Thursday, Jan. 25, 2024. (Sean Kilpatrick/The Canadian Press)

Prime Minister Justin Trudeau continued his pre-budget announcement circuit on Tuesday, unveiling a new $6 billion housing infrastructure fund meant to accelerate residential construction across the country.

Most of the new program ($5 billion) will be allocated to provinces and territories through bilateral agreements that must be signed by the end of the year, and the rest of the money will go directly to municipalities. The funding is meant to support investment in water, wastewater, and other infrastructure essential to new home construction.

The announcement comes a week after the country’s premiers penned a letter to Trudeau requesting new infrastructure funding to be introduced in the upcoming federal budget, which will be released April 16.

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